2016 NPR to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 NPR to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the NPR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 11.0725. Conversely, the yearly low was recorded on February 28, dropping to 9.8679.
This high-to-low spread represents a total annual volatility of 1.2046 IQD. From a start-to-finish perspective, comparing the January average rate of 10.1456 to the December average rate of 10.8338, the exchange rate registered a net change of 6.78% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 11.0725 was down 8.51% compared to the 2015 peak of 12.1028, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NPR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
NPR to IQD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 10.3488, compared to 10.8575 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5086 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 0.6685 IQD (High: 11.0215 / Low: 10.3530). On the other end, October was the most stable month, with a tight range of 0.0957 IQD (High: 10.9544 / Low: 10.8587).
Growth Streaks & Declines
TrendsBetween February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1731 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 10.8923) against the same month in 2015 (average: 11.5930), the exchange rate shifted by -0.7007 (-6.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.3819 | 9.9898 | 10.1456 |
| February | 10.0687 | 9.8679 | 9.9725 |
| March | 10.2609 | 9.9897 | 10.1664 |
| April | 10.4432 | 10.2136 | 10.3051 |
| May | 11.0215 | 10.3530 | 10.6110 |
| June | 11.0725 | 10.6802 | 10.8923 |
| July | 10.9289 | 10.8116 | 10.8692 |
| August | 10.9362 | 10.8256 | 10.8919 |
| September | 10.9709 | 10.8457 | 10.9091 |
| October | 10.9544 | 10.8587 | 10.9021 |
| November | 10.9035 | 10.5733 | 10.7388 |
| December | 10.9509 | 10.6090 | 10.8338 |